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New tech centre given boost to help digital startups

The Cambodian government issued a sub-decree establishing the new Techo Startup Centre (TSC) as a public administrative institution aimed at providing opportunities for young people, students and researchers to create new businesses in accordance with the trends and momentum of advancing digital technology. ...

Sok Chan
https://www.khmertimeskh.com/50742408/new-tech-centre-given-boost-to-help-digital-startups/

Hope sprouting for growers as more farming contracts inked

Contract farming in Cambodia has witnessed sharp growth this year, with 516 contracts signed so far this year, eclipsing the 498 for the whole of last year – proving the merits of the scheme, Minister of Agriculture, Forestry and Fisheries Veng Sakhon said on Thursday. ...

Hin Pisei
https://www.phnompenhpost.com/business/hope-sprouting-growers-more-farming-contracts-inked

Rice exports hindered by a number of factors, says an insider

In 2015, the government set a target for 1 million tonnes of rice exports by 2020. It will miss it this year with an expected 800,000 tonnes and has reset it for next year. ...

Sorn Sarath
https://www.khmertimeskh.com/50779265/rice-exports-hindered-by-a-number-of-factors-says-an-insider/

Kampong Chhnang journalist denies inciting villagers against military

The owner of a provincial radio station, Sok Oudom, maintained he had not incited villagers in Kampong Chhnang province against the military during his incitement trial on Tuesday, with a verdict expected on November 17. ...

Khuon Narim
https://cambojanews.com/kampong-chhnang-journalist-denies-inciting-villagers-against-military/

Food system needs to be strengthened, Hun Sen says

Prime Minister Hun Sen has urged strengthening the food safety and quality control system in Cambodia to enable healthy diets which he said are vital to human capital development. ...

Long Kimmarita
https://www.phnompenhpost.com/national/food-system-needs-be-strengthened-hun-sen-says

KrisEnergy seeks additional delay to Cambodia Block A scheduled oil extraction

A senior official of the General Department of Petroleum at the Ministry of Mines and Energy said the ministry is reviewing a request letter from Singapore-listed company KrisEnergy asking for a delay to the start of oil extraction in Cambodia Block A. ...

Sok Chan
https://www.khmertimeskh.com/50783454/krisenergy-seeks-additional-delay-to-cambodia-block-a-scheduled-oil-extraction/

Announcement of the Ministry of Agriculture, Forestry and Fisheries on clarification of some information relating deforestation

On 13 November 2020, the Ministry of Agriculture, Forestry and Fisheries has posted an announcement on clarification on some information saying that some company are actively cut down trees in Rovieng district, Preah Vihea province.  ...

Ministry of Agriculture, Forestry and Fisheries

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Mr. John WEEKS

Mr. John WEEKS is an IT/open source enthusiast and educator. He has facilitated numerous socially responsible IT projects in Southeast Asia via House32 Web Design, and is currently managing Open-Comics.net. ...

MFI credit risk relatively low, NBC’s Serey says

On the basis that non-performing loans stood around 2.3 percent as of August 31, 2020, credit risk in the microfinance sector remains relatively low, said National Bank of Cambodia assistant governor and director-general Chea Serey. ...

Sangeetha Amarthalingam
https://www.phnompenhpost.com/business/mfi-credit-risk-relatively-low-nbcs-serey-says

Cambodia ‘ripe’ for money laundering

Cambodia is ripe for money-laundering and terrorist financing activities due to rampant corruption, banking-sector secrecy and an overall lack of financial transparency, a governance institute says in a report released this week. The Switzerland-based Basel institute on Governance has ranked Cambodia the third “highest-risk” country out of 144 ...

http://www.phnompenhpost.com/index.php/2012051056082/National-news/cambodia-ripe-for-money-laundering.html

Fiscal revenue growth revised down

The Cambodian government has revised its target for year-on-year fiscal revenue growth to 0.3 percent of gross domestic product (GDP), down from the planned 0.5 percent increases as outlined in the original Revenue Mobilisation Strategy 2019-2023. ...

Harrison White
https://www.khmertimeskh.com/50777271/fiscal-revenue-growth-revised-down/

Achieving energy efficiency crucial to Kingdom’s economy

As Cambodia’s demand for energy continues to increase year after year, experts are calling for the development and implementation of clear policy that encourages both the public and industry to play their part in practicing energy efficiency and conservation. ...

Jason Boken
https://www.khmertimeskh.com/50783204/achieving-energy-efficiency-crucial-to-kingdoms-economy/

Cassava prices increase as harvest starts

From November this year, the cassava harvest season starts in some provinces while the price of cassava reportedly saw an increase compared to that of last year, as this year’s yield is projected to be lower due to flash floods. ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50783945/cassava-prices-increase-as-harvest-starts/

Premier Hun Sen seeks more investment from the US

Prime Minister Hun Sen yesterday said that although the COVID-19 pandemic has caused a severe impact on many Cambodians’ livelihoods and the economy, the government will not slow down its reform and development in any sector. ...

Sok Chan
https://www.khmertimeskh.com/50765232/premier-hun-sen-seeks-more-investment-from-the-us/

Cambodia goes for 16 days without new COVID-19 positive cases, tally remains at 273 with 265 recoveries

Amidst doom and gloom in most countries with death tolls and number of COVID-19 positive cases increasing daily, Cambodia continued its positive, no new cases trend for the 16th consecutive day. ...

Khmer Times Staff
https://www.khmertimeskh.com/50758426/cambodia-goes-for-16-days-without-new-covid-19-positive-cases-tally-remains-at-273-with-265-recoveries/

Acleda, CDB ink $130M credit facility pact

Acleda Bank Plc, Cambodia’s largest locally-owned commercial bank, has signed a $130 million long-term facility agreement with Chinese state-owned China Development Bank Corp (CDB), the world’s largest development bank by assets, it said in a press release on Friday. ...

Thou Vireak
https://www.phnompenhpost.com/business/acleda-cdb-ink-130m-credit-facility-pact

Cashew nuts key to achieving exports target, says ministry

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has continued to promote the local development of cashew nuts, saying the crop has the potential to help the country achieve its aim for 12 percent growth in agricultural exports by 2025. ...

Sorn Sarath
https://www.khmertimeskh.com/50746300/cashew-nuts-key-to-achieving-exports-target-says-ministry/

Guidelines set for resumption of Japan-Cambodia flights

Conditions regarding the reopening of flights between Japan and Cambodia were discussed during a meeting between Prak Sokhonn, Minister of Foriegn Affairs Cambodia and Motegi Toshimitsu, Minister of Foreign Affairs of Japan on Saturday afternoon at the Ministry of Foreign Affairs  in Capital.​ ...

Khmer Times Staff
https://www.khmertimeskh.com/50755999/guidelines-set-for-japan-cambodia-flights/

Ministry of Education creates research fund to promote innovation

Cambodian Ministry of Education, Youth and Sports (MoEYS) has established a Research Creativity and innovation Fund (RCI Fund) to contribute to promoting the culture of research, creativity and innovation for the benefit of the education, youth and sports in response to the labour market and ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50756984/ministry-of-education-creates-research-fund-to-promote-innovation/

Thailand will gift 140km of rail to Cambodia for stronger link

Cambodia will soon welcome another 140km of northern railway to connect to the Thai border to better facilitate the transportation of goods between the two countries. Cambodia and Thailand officially launched rail reconnection link in late 2018. ...

May Kunmakara
https://www.phnompenhpost.com/business/thailand-will-gift-140km-rail-cambodia-stronger-link

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